Shortage of oil refineries haunts Africa as fuel prices rocket
A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of
Saudi Arabia set for oil output capacity above 13 million bpd by 2027
Saudi Arabia is on track to lift oil production capacity by more than 1 million barrels per day to
Japan to take time phasing out Russian oil imports: PM Kishida
Japan will take time to phase out Russian oil imports after agreeing on a ban with other Group of
Oil price falls for a second straight week
The price of oil has fallen for a second straight week, amid plans for a massive emergency oil
South Africans pay more for fuel
The petrol price has increased but thanks to the government’s decision to cut the fuel levy,
Concerns that further oil increases will negatively affect petrol price
The government says the price of both petrol and diesel increase would have been close to between R2
Oil prices set to open after largest weekly fall in two years
Oil futures were set to open for Asian trade on Sunday after both Brent and US crude benchmarks
India sees rising oil prices amid Ukraine Crisis-triggered global shortage
India revised up the price of petroleum and diesel on Saturday, already the fourth time in five days
Government looking at pros and cons of gas, oil exploration amid lawsuits
Minister of Mineral Resources and Energy Gwede Mantashe says government is looking at the pros and
Some sectors would welcome suspension of fuel levies: Economist
Economist Kulani Siweya says a number of sectors would welcome a possible move by the government to
Increase oil prices pose a risk to inflation, economic growth: Economist
A Chief Economist at Investec, Annabel Bishop, says while South Africa may stand to gain from higher
Oil leads commodities charge as shares and euro are dumped
Oil and other commodities prices soared while shares sank in frantic trading on Monday as the risk
Brent spikes to $139 on prospect of Russia oil ban, delay in Iran deal
Brent crude soared near $130 a barrel on Monday, its highest since 2008, as the United States and
Libya aims to keep oil output at 1.2 mln BPD in 2022: National Oil Corp
Libya plans to keep oil output at 1.2 million barrels per day (BPD) in 2022, Mustafa Sanalla, the
Africa has sights set on hydrocarbon haul despite global shift
Several African countries plan to exploit their oil and gas reserves to tackle poverty and energy
Big fossil fuel producers’ plans far exceed climate targets: UN
Major economies will produce more than double the amount of coal, oil and gas in 2030 than is
Inflation angst lifts stocks but reins back dollar
World markets stayed focused on rising inflation on Thursday as tech stocks rebooted global
SAPIA concerned about possible job losses in oil industry with introduction of new regulations
The South African Petroleum Industry Association (SAPIA) has warned that thousands of jobs will be
Oil rises to one-week high as US supply concerns dominate
Oil rose on Monday, supported by concerns over shut output in the United States, the world’s biggest
Stocks dip, oil rebounds: ‘The mood is fairly fragile’
Global equities dipped and the dollar inched to a four-month high Wednesday as concerns about